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The closing price of Carvana Co. (NYSE: CVNA) was $200.22 for the day, up 1.46% from the previous closing price of $197.34. In other words, the price has increased by $1.46 from its previous closing price. On the day, 2.92 million shares were traded. CVNA stock price reached its highest trading level at $203.24 during the session, while it also had its lowest trading level at $196.33.
Ratios:
Our analysis of CVNA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.59. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 11.88 whereas as Long-Term Debt/Eq ratio is at 11.16.
On September 16, 2024, Evercore ISI reiterated its In-line rating and also lowered its target price recommendation from $142 to $157.
On September 12, 2024, Stephens started tracking the stock assigning a Overweight rating and target price of $190.Stephens initiated its Overweight rating on September 12, 2024, with a $190 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 23 ’24 when BREAUX PAUL W. sold 25,452 shares for $198.00 per share. The transaction valued at 5,039,496 led to the insider holds 101,821 shares of the business.
BREAUX PAUL W. sold 14,548 shares of CVNA for $2,880,504 on Oct 22 ’24. The insider now owns 119,494 shares after completing the transaction at $198.00 per share. On Oct 24 ’24, another insider, GILL DANIEL J., who serves as the Chief Product Officer of the company, sold 41,163 shares for $200.11 each. As a result, the insider received 8,237,128 and left with 283,287 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVNA now has a Market Capitalization of 23415128064 and an Enterprise Value of 29631057920. As of this moment, Carvana’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.18, and their Forward P/E ratio for the next fiscal year is 115.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 46.08. Its current Enterprise Value per Revenue stands at 2.54 whereas that against EBITDA is 40.424.
Stock Price History:
Over the past 52 weeks, CVNA has reached a high of $200.50, while it has fallen to a 52-week low of $25.09. The 50-Day Moving Average of the stock is 19.87%, while the 200-Day Moving Average is calculated to be 79.03%.
Shares Statistics:
CVNA traded an average of 3.33M shares per day over the past three months and 2300500 shares per day over the past ten days. A total of 114.24M shares are outstanding, with a floating share count of 111.08M. Insiders hold about 10.29% of the company’s shares, while institutions hold 86.70% stake in the company. Shares short for CVNA as of 1727654400 were 14548313 with a Short Ratio of 4.36, compared to 1724976000 on 13858863. Therefore, it implies a Short% of Shares Outstanding of 14548313 and a Short% of Float of 13.919999999999998.